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1 Comment
ICRA Limited is currently in a long term uptrend where the price is trading 16.0% above its 200 day moving average.
From a valuation standpoint, the stock is 70.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 10.4.
ICRA Limited's total revenue sank by 2.5% to $773M since the same quarter in the previous year.
Its net income has increased by 9.0% to $242M since the same quarter in the previous year.
Finally, its free cash flow grew by 1570.6% to $309M since the same quarter in the previous year.
Based on the above factors, ICRA Limited gets an overall score of 4/5.
ISIN | INE725G01011 |
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Industry | Financial Data & Stock Exchanges |
Sector | Financial Services |
CurrencyCode | INR |
Exchange | NSE |
Target Price | 4472 |
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Dividend Yield | 0.6% |
Beta | 0.31 |
PE Ratio | 34.45 |
Market Cap | 45B |
ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally. The company operates through Rating, Research and Other Services; Consulting Services; Knowledge Services; and Market Services segments. It offers credit, bank loan, structured finance, issuer, mutual fund, industry research, fund management quality, equity grading rating, and insurance financial strength rating, line of credit rating services, as well as public issue proceeds monitoring services. The company also provides grading services to banking and finance, insurance, and hydro-electricity sectors, as well as construction, trading, aviation, and manufacturing companies; industry research services in the areas of business and profitability outlook, industry analysis, competitive landscape, impact of regulatory environment, benchmarking of companies, industry credit profile, company profile on listed players, etc.; and management consulting services, such as risk management, financial advisory, and outsourcing and policy advisory. In addition, it offers financial information products and services, as well as KPO services. The company was formerly known as Investment Information and Credit Rating Agency of India Limited. ICRA Limited was incorporated in 1991 and is headquartered in Gurugram, India.
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